Pune, Maharashtra: The gold market in Pune opened on Monday with declining prices after a short-lived rally earlier this month. According to the latest market data on 2 February 2026, the gold rates — for key purity levels — have eased significantly compared to the previous day.
🟡 Current Gold Rates (Per Gram – Pune)
| Purity | Today’s Rate (₹/gm) | Change Since Yesterday |
|---|---|---|
| 24K Gold | ₹15,153 | ↓ ₹905 |
| 22K Gold | ₹13,890 | ↓ ₹830 |
| 18K Gold | ₹11,365 | ↓ ₹679 |
| Data based on live Pune bullion and jewellery market figures. |
These rates represent the latest live prices for gold in Pune on 2 February 2026, reflecting a downward shift from the prices reported on 1 February 2026.
📉 Gold Price Trend: Why the Fall in Pune Today?
The decline in today’s gold rate in Pune comes amid broader national and global market movements:
🔹 Budget-Linked Sell-Off
- Analysts note that after the Union Budget 2026 announcements, precious metals including gold and silver saw increased volatility, triggering a sell-off in MCX trading.
🔹 Market Correction After Recent Highs
- After touching near-record levels in late January — driven by global economic uncertainties — gold prices began correcting, with traders booking profits and caution increasing among investors.
🔹 Global & Currency Factors
- Gold prices are sensitive to international gold futures, the strength of the Indian rupee against the US dollar, and equity market trends. A relatively firmer rupee and reduced demand ahead of Budget day contributed to the downward pressure locally.
📈 City-wise & Historical Context
While Pune’s gold rate has shown a downward correction today, the broader trend over the last 10–15 days still reflects elevated levels compared to earlier months in 2026. Pune historically remains a major gold-consuming city, especially during wedding and festive seasons, which keeps local demand strong.
For context, recent rates across India also showed:
- Sharp declines after record highs around 30–31 January 2026.
- Domestic prices remain substantially higher than the previous year’s average.
🛍️ Tips for Buyers & Investors in Pune
- Check Rates Before Purchase: Gold rates change daily – and sometimes multiple times — so buyers should verify the live price before purchasing jewellery, coins, or bars.
- GST & Making Charges Matter: In Pune, on top of the per-gram gold price, buyers should factor in GST (3%) and making charges, which vary by jeweller.
- Long-Term Perspective: Investors should watch for correction patterns rather than short-term dips when considering gold as a store of value.
🔎 Summary – Today’s Gold Rate Pune at a Glance
- 24K gold: ₹15,153 per gram
- 22K gold: ₹13,890 per gram
- 18K gold: ₹11,365 per gram
- Rates have declined significantly from recent highs.
With continued global economic shifts and local demand forces, gold prices in Pune remain dynamic, and tracking daily updates is recommended for both buyers and investors. Stay tuned for tomorrow’s live price update to track if the downward trend continues or reverses.
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My name is Samar. I enjoy writing and blogging about gardens. In this website, I share information and upload blogs about beautiful Brindavan Garden.
